According to the latest report by IMARC Group, titled “United States Caustic Potash Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the united states caustic potash market is expected to continue its steady growth during the forecast period (2021-2026).
Also known as potassium hydroxide (KOH), caustic potash is an alkaline compound made using the electrolysis of brine. It plays a quintessential role in the production of industrial chemicals, such as acetates, cyanides, potassium chloride, and permanganates and citrates. Moreover, as it is highly reactive and corrosive, it finds extensive applications in numerous industries of the United States, which rely on a strong chemical base to degrade materials.
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United States Caustic Potash Market Trends:
Potassium bicarbonate, which is obtained from caustic potash, is utilized as a major additive in the preparation of processed food products. The growing consumption of processed and canned food products represents one of the key factors driving the market in the US. Apart from this, caustic potash is also used as a de-icing agent on account of the harsh and prolonged winters in the country. This leads to considerable seasonal demand for caustic potash, which is offering lucrative growth opportunities to market players.
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United States Caustic Potash Market 2021-2026 Analysis and Segmentation:
The report has segmented the market on the basis on region, form, grade, end user.
Breakup by Form:
- Solid
- Liquid
Breakup by Grade:
- Industrial
- Reagent
- Pharma
Breakup by End User:
- Potassium Carbonate
- Potassium Phosphates
- Potassium Soaps and Detergents
- Liquid Fertilizers
- Agricultural Chemicals
- Others
Breakup by Region:
- Northeast
- Midwest
- South
- West
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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